Tag Archive
Ford a Likely Survivor of the Auto-Industry Fallout
It is no surprise that Chrysler, GM and Ford F – the former Big 3, now the “Barely Surviving 3”, keep reporting abysmal sales month after month, while mounting their losses into the billions. Their stocks are at levels not seen since the 1970’s, and speculation about their survival occupies many headlines across the... »
Wall Street Bail Out
The government opened up $700 billion to our banking institutions. Some argue that Hank Paulson is partial to his friends at Goldman Sachs. Afterall, these same companies paid out millions of dollars in bonuses to their execs just last year – execs who are supposed to safeguard investor interests. First, the mortgage crisis was... »
Top 5 Life Changing Events in 2008 – The Year That Was
We still have one month left in the year, and while there could be a melt-down or two yet, 2008 will certainly go down in the annals of history as one of the most brutal, most controversial and certainly the most interesting year that we will ever have seen in our life times. If... »
Government rescues Beloved Banks but shuns Auto makers
It has now been well over a month since the $700 billion package was approved and the government came to the aid of the US banks with the hopes that it would trickle down to the consumer. However, the general feeling out there is that banks are shoring up their reserves with this money... »
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